Musk released a crypto transaction tax dispute, mentioning that the project has risen by more than 100% in a short period of time.
Musk posted on the X platform about the tax dispute on crypto transactions. The original text read: "The customer bought $7,000 worth of cumrocket and pledged it for 3 months to earn 6,900%. Then they sold and withdrew the profit to invest in NFTitties, but the developers rugged the project and they only managed to liquidate 10% of the funds. Can the customer deduct the gas fee of the minted coin to balance the short-term capital gains tax?"
Affected by this news, the eponymous token CumRocket (CUMMIES) rose by more than 100% in a short period of time.